Financial worries at Coventry City FC

Some Coventry City FC fans are concerned that the financially troubled club could go into administration.  They have been subjected to a transfer embargo by the Football League and the accounts for both the holding company and the football club are overdue.   It is believed that they owe money to a number of companies, including their coach company Harry Shaw.

Some Coventry City FC fans are concerned that the financially troubled club could go into administration.  They have been subjected to a transfer embargo by the Football League and the accounts for both the holding company and the football club are overdue.   It is believed that they owe money to a number of companies, including their coach company Harry Shaw.

The club is also in some danger of relegation.  Fans are concerned about the way in which the wage bill has been cut back on and off the pitch while an opportunity to buy the Ricoh arena was not taken up.